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NFTRH Interim Updates

NFTRH; Gold Stocks, USD and the ‘Inflation Trade’

Here we play the short-term technical game again despite the gold sector running against its own fundamentals (i.e. as the ‘inflation trade’, including mining cost input oil, continues higher).  At some point this will matter.

But on the other side of the coin are price, momentum and technicals.  A Monday open can be a tricky thing, but as of this moment GDX is in a posture to break the most recent consolidation.

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May 16, 2016
alice
Financial Markets / Notable Public Posts

Until Today

Euro 50 Flips Draghi the Bird, S&P 500 Fails at a Key Parameter, Semi's are Fundamentally Bearish and Gold Has a Sentiment Washout Within its Bear Market Markets Had Been…

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December 4, 2015
NFTRH

NFTRH 352 Out Now

We have had the pulse of the precious metals every step of the way.  We have mostly stayed on the right side of stock markets too.  We have indicators and…

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July 19, 2015
Currencies

Euro Bullish

First, the big picture monthly view of the €uro.  How long ago it was that we charted the high risk level of 140 (+/-), at which €uro hit the top…

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April 6, 2015
NFTRH Interim Updates

Pre-FOMC Notes (and Research)

'Close to the vest' (AKA not leaning too far one way or another, AKA cash) remains the play until the FOMC meeting and its aftermath are cleared.  This is because…

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March 18, 2015
Currencies

USD and Yen

Catching up on Uncle Buck and Johnny Yen, we return to the monthly comparison chart.  Yen continues to search for a low to bounce from if it is going to…

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December 19, 2014
NFTRH Interim Updates

NFTRH; Multi-Market Update

Well, here came the short covering rally in the precious metals.  By calling it that I don’t mean that it cannot turn into something more, but today was most assuredly driven by short covering as the US dollar unwound some of its speculative sponsorship.  One can assume that large speculators took it on the chin on both ends, in the USD and in gold/silver as the Commercial traders had been aligned increasingly bearish and bullish, respectively.

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October 6, 2014